Denmark in brief

Denmark to be coal-free by 2030

The Danish government has set a clear milestone in the country's energy policy with their goal of phasing out coal from the electricity supply by 2030. This was announced at the climate summit COP23 in Bonn, when the Danish government joined a coalition of ambitious countries that want to phase out coal from their electricity production by 2030. So far, 19 countries have joined the coalition.

World Bank: Easy to start a business in Denmark

The World Bank recently published its annual "Ease of Doing Business" index. The index highlights Denmark's position among the countries in the world, where it is easiest to start a business, not least due to an efficient public sector. On a global scale, only New Zealand and Singapore come in ahead of Denmark.

New study: Energy efficiency is a competitive advantage for Danish industrial companies

Increasingly, energy efficiency is becoming an obvious way to reduce production costs. In Denmark, energy expenditure amounted to 7.9% of the total production value in 2014. In contrast, energy expenditure amounted to 13.4% of the total production value in foreign companies. This was found in a new study conducted by the Danish consulting firm Damvad Analytics for the Danish Energy Agency.

Apple chooses Denmark for new data centre

Apple significantly increases its data centre investments in Denmark by announcing the plans for a new data centre in Aabenraa in the southwestern part of Denmark not far from the data centre being built in Viborg. Like all Apple data centres including the one in Viborg - the Aabenraa facility will be supplied with 100% renewable energy from day one.

Greater Copenhagen is second best for high-value investments

According to IBM's `Global Locations Trend' report from 2017, Copenhagen is one of the leading metropolitan areas in the world when it comes to attracting high-value projects.

Bech-Bruun news

New Bech-Bruun survey on artificial intelligence

Bech-Bruun has recently conducted a survey on artificial intelligence in the legal industry. During this year's IBA conference in Sydney, we asked our friends and business partners from all around the world to share their thoughts of and expectations for AI technology. The survey showed several interesting findings, e.g. that one of every three respondents is already using AI to service clients today.

Bech-Bruun deploys artificial intelligence technology for M&A

As the first Danish law firm, Bech-Bruun has adopted the award-winning artificial intelligence technology, Luminance. This technology is firstly implemented within the M&A practice area to enhance its due diligence processes for M&A transactions.

Bech-Bruun assists Total S.A. in its acquisition of Maersk Oil

Earlier this year, Bech-Bruun assisted Total S.A. in its acquisition of Maersk Oil from A.P. Mller Mrsk A/S. With USD 7,495,000,000, the transaction was one of the largest M&A transactions in Denmark.

Bech-Bruun introduces a new compliance tool

Bech-Bruun has developed Pactius Privacy a sophisticated compliance tool that helps public and private organizations meet the GDPR, which will apply in Denmark from 25 May 2018. Pactius Privacy is designed by lawyers and IT professionals.

New app to assist businesses when calculating notice periods etc., for salaried employees

Bech-Bruun has just launched a new app providing employers, in only a few simple steps, with an overview of employees' rights in the event of termination.

New CSR report: Value-adding partnerships

In our latest CSR report, we focus, among other things, on how our cooperation model, the Bech-Bruun model, creates value among colleagues, with clients and in society.

Industry news

New Danish rules governing the marketing of food supplements

New Danish rules on the marketing of food supplements are on their way and may lead to the abolishment of some of the legal requirements under Danish law. However, the simplified rules will make further demands on food business operators and, in particular, their product knowledge. The proposed changes will quite possibly have a big impact on companies marketing food supplements in Denmark.

New model for dividend taxation in Denmark

The Danish Ministry of Taxation recently announced that a new model for dividend taxation will be implemented. The new model implies that dividends on listed shares will be taxed at the correct tax rate already when such dividends are paid to the recipients. The new model covers only dividend payments to foreign recipients. This means that the current administrative practice of repayment of withholding tax will be abandoned in relation to foreign recipients.

Bill concerning new Danish act on trade secrets out of consultation

A Bill concerning a new Danish act on trade secrets went out for consultation. Danish enterprises will lose the right to proceed against misappropriation of their trade secrets unless they take adequate steps to protect them.